Page 375 - SOBHA REALTY QUARTERLY PR REPORT - JANUARY-MARCH 2024 (ENGLISH )
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3/20/24, 1:22 PM   Mohammed bin Rashid Al Maktoum Global Initiatives, Sobha Realty signed a charitable grant agreement to establish an AED 400 …
        education and the hope that they can create a better future,” His Excellency

        Al Gergawi said.




        “The charitable grant agreement signed with Sobha Realty is one step ahead

        towards achieving the main objective of the Mothers’ Endowment campaign,

        by allowing thousands of students from the UAE and the region to enroll and

        finish their higher education within a model educational environment,” he

        added.




        PNC Menon, Founder and Chairman of Sobha Realty, said: “The charitable

        grant agreement signed with MBRGI is part of our collaboration to

        implement impactful projects that benefit vulnerable populations across

        many countries. This agreement is particularly important to Sobha Realty

        due to its association with Mohammed bin Rashid Al Maktoum Global

        Initiatives, as we are keen to support charity and humanitarian initiatives

        launched by the UAE to help millions around the world.”




        “We are thrilled to be among contributors to the Mothers’ Endowment

        campaign, and the entity responsible for developing the upcoming campus

        building in Dubai. We strongly believe that investing in the endowment

        university will reap huge benefits in the future, both locally and regionally,

        positively impacting development efforts while solidifying Dubai’s status as a

        global destination, and an incubator of knowledge,” he added.




        Major step




        The endowment university, which aims to provide thousands of students

        with education opportunities, reflects how a culture of endowments has

        matured and evolved in the UAE.






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